The federal domestic debt and state governments: the impact of the state debts on the federal government finances
This paper investigates how the finances of the Brazilian federal government responded to innovations in the debts of the most indebted states, Sao Paulo, Minas Gerais, Rio de Janeiro and Rio Grande do Sul. Using monthly data from 1981 to 1998, a vector autoregression system (VAR) is estimated to i...
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| Format: | Article |
| Language: | Portuguese |
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Universidade de São Paulo
2000-06-01
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| Series: | Economia Aplicada |
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| Online Access: | https://www.revistas.usp.br/ecoa/article/view/218818 |